Pressure Sensitive Systems (India) News

Pressure Sensitive Systems Board Approves Business Expansion and Rs 60.83 Crore Warrant Issue

Pressure Sensitive Systems (India) Limited's Board of Directors approved significant additions to the company's business scope through amendments to its Memorandum of Association. The new business areas include pressure sensitive adhesives manufacturing, software development with AI solutions for healthcare, agro-food products processing, entertainment content production, manpower placement services, construction contracting, real estate development, and jewelry trading. The Board also approved increasing authorized share capital from Rs 22 crore to Rs 38 crore and issuing 22.20 crore fully convertible warrants at Rs 2.74 each, raising up to Rs 60.83 crore through preferential allotment to six investors including Jignesh A Shah, Samyak Enterprise Private Ltd, Raju Parth, Bhavishya Ecommerce Private Ltd, Pragnesh J Doshi HUF, and Mejiyatar Pradip Jashvantbhai. Each investor will receive 3.7 crore warrants representing 9.99% shareholding upon conversion. The warrants are convertible within 18 months with 25% upfront payment required. An Extraordinary General Meeting is scheduled for October 18, 2025, to seek shareholder approval for these proposals.

Pressure Sensitive Systems Reports Profit of Rs 5.24 Lakh in Q1 FY26

Pressure Sensitive Systems (India) Limited reported a net profit of Rs 5.24 lakh for the quarter ended June 30, 2025, marking a turnaround from losses in previous quarters. The company had posted losses of Rs 15.90 lakh in the previous quarter and Rs 10.43 lakh in the same quarter last year. Basic and diluted earnings per share remained flat at Rs 0.00 for the quarter. The Board of Directors approved these unaudited standalone financial results on August 14, 2025. The company's statutory auditors M/s. MAAK & Associates issued a limited review report with unmodified opinion, though they noted disclaimers regarding inventory details being based solely on management certification and accounting software limitations.

Pressure Sensitive Systems Secures INR 150 Crore Work Order from RFBL Flexi Pack

Pressure Sensitive Systems (India) Limited has secured a new work order from RFBL flexi pack Limited valued at INR 150 crores. The contract involves providing goods and services on an order basis as per client requirements. The agreement has a duration of 1 year and the order value is inclusive of all taxes. RFBL flexi pack Limited is a domestic entity, and the promoter/promoter group/group companies have no interest in the entity. The transaction does not fall within related party transactions.